The ABI has published a language guide for communicating pension freedoms with the aim of simplifying pension jargon.
While implementation of the guide is voluntary it is hoped that firms will decide to adhere to it by April 2018.
Retirement options should be described as one of the following:
-You can keep your pension pot where it is
-You can take your whole pension pot in one go
-You can take your pension pot as a number of lump sums
-You can get a flexible retirement income
-You can get a guaranteed income for life
-You can choose more than one option and you can mix them
The Association's Annual General Meeting for 2017 is to be held on Monday 9th October.Relief at Source - HMRC - Invitation to attend a workshop- Update
27th Jul 2017 2:41 pm
Places all gone.Committee Update
17th May 2017 9:24 am
We are very pleased that Sarah Hawkins...
28th Mar 2017 2:13 pm
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